Watch out for US crypto stocks that could outperform Bitcoin and altcoin bags
The post Watch out for US crypto stocks that could outperform Bitcoin and altcoin bags appeared on BitcoinEthereumNews.com.
Bitcoin rallied past the $110,500 level on Monday. The largest crypto is down nearly 2% as bullish momentum slowly fades. Interestingly, US crypto-linked stocks rose alongside Bitcoin and are currently consolidating alongside the largest crypto. Crypto stocks posted double-digit gains in the past month even as Bitcoin (BTC) yielded a modest increase of under 4%. In this deep dive we compare the performance of crypto stocks, Bitcoin and altcoins and examine the profitability of the sector in a traders’ portfolio. US crypto stocks vs. Bitcoin performance Crypto-linked stocks in the US kicked off the week with a rally alongside Bitcoin. BTC tested resistance above the $110,500 level and started consolidating, crypto-linked mining stocks and stocks of major crypto firms wiped their recent gains on Tuesday. More corporates adopted Saylor’s strategy of adding Bitcoin to their treasury, and Circle made a stellar IPO debut on Nasdaq last week. These developments are key catalysts driving Bitcoin’s gains and the rise in US crypto stocks. Circle Internet Group (CRCL), one of the largest stablecoin issuers, wiped out nearly 8% on the day, down to $106.62. The stock erased its Monday days nearly entirely. Core Scientific Inc. (CORZ), CleanSpark Inc. (CLSK), and MARA Holdings Inc. (MARA), key crypto mining stocks, observed small changes in their price on Tuesday. CORZ is down 0.12%, CLSK is up 0.10%, and MARA gained 0.25% on the day. Riot Platforms Inc. (RIOT) gained 0.60% on Tuesday. Bitcoin slipped closer to its support at $108,000 on the day, as crypto stocks continued their consolidation. Bitcoin’s correlation to the S&P 500 has recently dropped, which supports a thesis of equity investors choosing to gain exposure to crypto through stocks, instead of direct access to tokens that entails the risk of custody and security. Bitcoin and S&P 500 correlation | Source: 10xResearch.com…
Filed under: News - @ June 12, 2025 5:27 am